HR 13846 · 94th Congress · Finance and Financial Sector

A bill to permit the payment of interest on demand deposits which consist of public funds of the United States or of a State or a political subdivision or instrumentality of a State.

Introduced 1976-05-18· Sponsored by Rep. Mottl, Ronald M. [D-OH-23]· House

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Latest: Referred to House Committee on Banking, Currency and Housing.(1976-05-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Reserve Act to permit the payment of interest on demand deposits which consist of public funds of the United States or of a State or political subdivision or instrumentality of a State.…

Summarized by Claude AI · Non-partisan · For informational purposes only